November 22, 2022

Energy Market Overview

Energy Market Overview 21.11.2022: The change in NordPool’s market organization helps prevent record high electricity rates

The cooler weather that arrived last week increased electricity consumption in Estonia and neighbouring countries, and thus the market prices. Good news was announced by NordPool – a second auction round to the electricity exchange will be added in December with the aim of preventing extreme price peaks in the future, similar to the ones we saw in August.

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